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ARTICLE · 30 SEPTEMBER 2025

Reducing Regulatory Barriers In The Financial Services Sector

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In light of the Trump Administration's tariff initiative, there has been an increased focus domestically on "buying Canadian" and removing internal barriers to trade, including in the financial services sector.

CanadaFinance and Banking
Eli Monas
Eli Monas
Brigitte Goulard
Brigitte Goulard
Blair Keefe
Blair Keefe
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In light of the Trump Administration's tariff initiative, there has been an increased focus domestically on "buying Canadian" and removing internal barriers to trade, including in the financial services sector. The International Monetary Fund (IMF) also recently published a Financial System Stability Assessment (FSSA) report in respect of Canada1 and noted therein that "(e)nhancing cooperation and information sharing between federal and provincial authorities is essential to effectively monitor risks across the financial sector"2. In this article, we propose the removal (or reduction) of two types of internal barriers which would benefit the financial services sector and consumers.

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